The Reserve Bank of India (RBI) may consider reversing its tight monetary stance as inflationary woes begin to ebb next month, a top policy adviser said on Saturday.

The RBI has raised interest rates

Bharti Airtel, India's top mobile phone carrier, on Friday reported a bigger-than-expected 38 per cent fall in quarterly profit, hit by higher interest costs and foreign exchange losses.

Bharti, near

The Telecom Regulatory Authority of India (TRAI) on Thursday proposed a relaxation of guidelines for mergers and acquisitions in the sector that if implemented by the government would facilitate a lon

A bank officers' body has served a notice to State Bank of India for a two-day nationwide strike, which could hit customer service at its branches on Tuesday and Wednesday, the bank said in a notice i

Quarterly net profit of HCL Infosystems plunged 74 per cent as its flagship computer retailing business suffered in an economic slowdown worsened by lesser government investment in computing and offic

Syrian tank fire killed at least three people in the city of Homs early on Friday as security forces pursued a violent crackdown on protesters despite a government agreement with the Arab League to st

State-run explorer Oil & Natural Gas Corp beat street estimates with a 60 per cent jump in quarterly profit bolstered by lower subsidy payments and gains from high crude oil and gas prices.

ONGC said

India could partially roll back a 2.7 percent hike in petrol prices, a source in the ruling Congress party said on Friday, as the move angered opposition and government allies at a time when inflation

ArcelorMittal SA, the world's largest steelmaker, said on Thursday a summer dip is deepening into a second-half slump, with even lower steel shipments expected in the fourth quarter than the third and

European leaders were preparing on Thursday for the possibility of Greece leaving the euro zone to preserve the 12-year-old single currency.

French President Nicolas Sarkozy and German Chancellor Ang